5444802026-04-012026-06-305444802026-06-305444802026-04-012026-06-30in-capmkt:OtherExpenses1Member5444802026-04-012026-06-30in-capmkt:OtherExpenses2Member5444802026-04-012026-06-30in-capmkt:OtherExpenses3Member5444802026-04-012026-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15444802026-04-012026-06-30ItemsThatWillBeReclassifiedToProfitAndLoss15444802026-06-30Statement15444802026-04-012026-06-30Statement15444802026-06-30StatementDynamic1I1Statement15444802026-06-30StatementDynamic1I2Statement15444802026-06-30StatementDynamic1I3Statement15444802026-06-30StatementDynamic1I4Statement1iso4217:INRxbrli:pureiso4217:INRxbrli:shares544480JSWCEMENTNOTLISTEDINE718I01012JSW CEMENT LIMITEDMain BoardEquity2026-04-012027-03-312026-08-132026-08-10INRCroresQuarterlyFirst quarterSingle segmentCement and cement related products2026-08-1314:30:002026-08-1317:40:00Not applicabletrue1falseNot applicable for this quarter2026-04-012026-06-30UnauditedStandalone173789000004113000001779020000042296000005741000001235000008471000008014000008493000008892700000163177000001472500000014725000001926000001658000003584000000111410000000001114100000277200000139130000013503500000100.830.82000.830.821. The unaudited standalone financial results of the Company have been prepared in accordance with the Indian Accounting Standards as prescribed under section 133 of the Companies Act, 2013 (Ind AS) read with relevant rules issued thereunder and other accounting principles generally accepted in India. <br /> <br /> 2. The above unaudited standalone financial results of the Company for the quarter ended June 30, 2026 have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on August 13, 2026. The Statutory Auditors of the Company have carried out a limited review of the these results. <br /> <br /> 3. The Company operates in a single segment of providing cement and cement related products and hence no separate segment disclosure is required under Ind AS 108 - Operating Segments. <br /> <br /> 4(a). The Government of India has notified the Code on Social Security, 2020 (“Social Security Code”); the Occupational Safety, Health and working conditions Code 2020; the Industrial Relations Code 2020 and the Code on Wage, 2019 (collectively, the "Labour Codes”) on November 21, 2025. Pursuant to such notification, FAQ's and clarifications issued by the Ministry of Labour, professional advice obtained and a detailed examination of the final wage structure and the various provisions of the new Labour Codes, the Company, based on actuarial valuation, reassessed the estimated liability for past service cost as at March 31, 2026 at Rs. 24.65 crores. Accordingly, an excess provision recognised in earlier quarters of Rs. 6.61 crores had been reversed during the quarter ended March 31, 2026 under “Exceptional items”. <br /> <br /> 4(b). Pursuant to the shareholders agreements (SHA) between the Company and the investors of Compulsory convertible preference shares (CCPS), 160,000,000 number of CCPS have been converted into 235,662,477 number of equity shares of face value of Rs. 10 each at a premium of Rs. 132.75 per share and the resultant valuation difference of Rs. 1,466.38 crore between the said conversion value, determined as per internal rate of return thresholds prescribed in SHA basis valuation done by the QIPO banker, and its carrying value as on March 31, 2025, being significant for the quarter ended 30th June 2025 and year ended ended March 31, 2026 were disclosed as an Exceptional Item. <br /> <br /> 4(c). The Company applied for Industrial Promotional Assistance under the West Bengal State Support for Industries Scheme, 2013 (WBSSIS 2013) for its Salboni Cement Plant. While it received the preliminary Registration Certificate (RC-I), the final Registration Certificate (RC-II) was initially rejected by the District Industries Centre (DIC) for not applying within the specified timeline. The Company challenged this decision in the Calcutta High Court, which quashed the DIC's order and directed reconsideration within two weeks. Subsequently, the DIC again rejected the RC-II application on the aforementioned grounds. The Company's writ filed before the Calcutta High Court, presenting substantial evidence for commercial production, has been put on hold pending clarity on the following new enactment. <br /> <br /> In April 2025, the West Bengal government enacted the Revocation of West Bengal Incentive Schemes and Obligations in the Nature of Grants and Incentives Act, 2025 (Revocation Act), which retrospectively annuls all grants sanctioned under various state incentive schemes from 1993 to 2021. Based on the Company’s assessment coupled with the advice / opinion obtained from independent external legal counsel, the Company filed a writ petition in the Calcutta High Court challenging the Act and revocation of the scheme and believes it has a good case to recover the outstanding claim balance as on March 31, 2026 of Rs. 339.87 crore. <br /> <br /> During the previous quarter and year ended March 31, 2026, considering the uncertainty about timing of the recovery of incentive amount in view of the aforesaid developments/enactment, the Company on a conservative basis has reassessed and recognized additional provision amounting to Rs. 11.02 crores determined on the basis of Expected Credit Loss methodology as per Ind AS 109 "Financial Instruments". The same has been disclosed under "Exceptional item" in the financial results. The Company carries provision for expected credit loss of Rs. 49.18 crore as on June 30, 2026. <br /> <br /> 5. Pursuant to the amendments introduced under the Finance Act, 2026, inter alia enabling prescribed treatment of brought-forward MAT credit to the companies under tax regime as per Section 115BAA of the Income-tax Act, 1961 ("New tax regime"), the Company basis its assessment has decided to exercise the option to adopt the New tax regime from financial year 2026–27 onwards. In view of the same, the resultant reduction in net deferred tax liabilities, consequent to the reduced tax rate in the New tax regime, of Rs. 218.92 crore has been recognised in the previous quarter and year ended March 31, 2026. <br /> <br /> 6. The figures for the quarter ended March 31, 2026 is the balancing figure between the audited figure in respect of the full financial year and the published year to date figures up to the third quarter for the financial year which were subjected to limited review by the statutory auditors.Power and fuel expense2573300000Freight and handling expense3955700000Other expenses2363700000Items that will not be reclassified to profit or loss31760000031760000048800000Items that will be reclassified to profit or loss11300000113000002900000277200000Public Issues2025-08-14160000000002026-06-30trueCRISIL Ratings LimitedfalseNo commentSneha BindraCompany Secretary and Compliance OfficerMumbai2026-08-13Part financing the cost of establishing a new integrated cement unit at Nagaur, RajasthanNA8000000000070666000000Proceeds were utilized towards civil work, plant & machinery, etc. Prepayment or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by our CompanyNA5200000000052000000000Proceeds were fully utilized as at quarter ended September 30, 2025 General Corporate PurposesNA2268000000010909000000Proceeds utilized towards funding growth opportunity.Offer related expensesNA53200000004532000000Proceeds spent towards BRLM fees and other IPO expenses.